Thoughts on Money

The world is split between those who don't know how to start making money and those who don't know when to stop.

Small Planet Institute co-founder Anna Lappé once said:

“Every time you spend money, you’re casting a vote for the kind of world you want.”

Security is fundamentally about being able to hold and stay in the tension of uncertainty without compulsively resolving it or dispelling it.

We need to remember that the market is not the economy, and the economy is not the market. And the economy makes me very worried about food banks. Children are hungry, people are hungry. And when kids can’t eat they can’t pay attention in school, and if they can’t pay attention in school they can’t be good students; they can’t move forward in the... See more

I have great control of my money when I am earning it. I have zero control of my money when I am not.

But consumption smoothing pays homage to an existential reality: Life itself is the ultimate scarce asset. The future is unknowable, and religiously maintaining a double-digit savings rate through the worst squalls of life is not of the utmost importance.